Legal Counsel, Regulatory Disputes

Company Description

Supporting millions of Aussies since 1988 with low fees and competitive long-term performance. Profits back to members, not shareholders

Closing date: 20th June 2025

Please note Rest does not accept speculative resumes from recruitment agencies

Rest will review applications prior to the closing date and may close the role earlier

Job Description

• Experienced Legal Counsel with experience in Regulatory and Disputes required
• Permanent Position
• Hybrid work environment

Established in 1988, Rest is one of Australia's largest profit-to-member superannuation funds.

We support nearly two million members, with around $86 billion of funds under management and are recognised as a responsible investment leader*. We believe when members understand and engage with their super, they're more likely to get a better retirement outcome.

Everything we do at Rest is underpinned by our values and behaviours, we want to Be Daring, Keep it Simple, Take Action and Have Grit. To put it simply we want our people to thrive and love the work they do.

The Legal Counsel, Regulatory & Disputes is responsible for management of legal matters relating to Rest including providing legal advice to Rest Business Units, Board and management regarding Rest's legal rights and duties; and managing Legal Counsel direct reports with a specific focus on regulatory and disputes.

Key Accountabilities/Responsibilities

• Provide legal advice on regulatory legal matters and provision of guidance to the business in relation to legislative, regulatory and licensing obligations.
• Assist with liaison with regulators including ASIC and APRA for all communications including meetings and correspondence, preparation of reports, schedules and presentations for APRA prudential reviews, where required.
• Manage litigated matters and disputes where required, including liaison with Rest's external legal panel in relation to litigated matters.
• Advise management on regulatory matters that affect business decisions and the execution of Rest's strategic objectives,
• Maintain a good working knowledge of regulatory matters and regulatory change relating to Rest.
• Advise on proposed and actual regulatory changes to stakeholders, as required.
• Advise on Rest's licences and the activities of representatives of Rest, as required.
• Advise on Rest's regulatory reporting frameworks.
• Work with the Directors, CEO, Executive Leadership Team, General Counsel and Rest management to review and rapidly respond to Government (Federal and State), parliamentary and regulatory correspondence or inquiries, as required.
• Participate in industry forums to provide input and discussions on regulatory changes and communicate outcomes to relevant internal stakeholders as required.

Qualifications

• Bachelor of Laws or appropriate business/law degree with admission in an appropriate jurisdiction.
• Hold a current Australian state based practising certificate.
• Must be commercially astute, possess strong analytical and research skills in complex legal/commercial problems and be capable of identifying and analysing the associated commercial and risk implications of such problems for the organisation.
• Ideally 5 years expertise in legal roles with an emphasis on financial services, in particular superannuation would be advantageous
• Thorough knowledge of legal obligations as they relate to superannuation funds and superannuation trustees
• Strong commercial drafting skills with a focus on clarity and plain English
• Experience in managing multiple projects, and prioritising competing deadlines
• Experience in managing litigated claims
• Ability to work in an environment requiring attention to detail and high levels of accuracy
• Ability to work with all levels of the fund, well developed interpersonal skills and ability to liaise across the fund and its strategic partners as required will be well regarded

Additional Information

Our benefits have been designed so you can tailor your experience with us and include:

• Personal and professional development opportunities
• Hybrid working
• Purchase leave scheme and gender neutral 16 weeks paid parental leave
• Super Contribution Continuation for 12 Months of parental leave
• Linkedin Learning
• Income Protection Insurance
• Rest Excellence awards (peer recognition awards based on Rest's values and behaviours)
• Rest Stops - meeting free breaks

If you share our values, believe you can help make a difference for our members and want to be part of a leading superannuation fund with a Super culture, please click Apply Now.

Rest is committed to creating a flexible work environment and culture that embraces diversity, equity, and inclusion - where people feel welcome, safe to be themselves and inspired to do their best.

We value the different backgrounds, lived experiences and abilities our diverse team brings. We welcome and encourage applications from candidates of all ages, cultural backgrounds, faiths, gender identities, sexual orientations and thinking styles. This includes people with disability, neurodiverse individuals, Aboriginal & Torres Strait Islander peoples and those with disrupted work history due to career or other breaks.

Please note only people with the right to work in Australia will be considered.

*Funds under management as at 30 June 2024. Rest is recognised as a Responsible Investment Leader by the Responsible Investment Association Australia (RIAA) in its Responsible Investment Benchmark Report 2022.